What does FPS stand for in the context of fraud prevention in healthcare?

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In the context of fraud prevention in healthcare, FPS stands for Fraud Prevention System. This term denotes a comprehensive framework or set of tools and processes used to identify, prevent, and address fraudulent activities within healthcare settings. A Fraud Prevention System typically encompasses various technological and procedural components designed to detect suspicious activities, verify the authenticity of claims, and ensure compliance with regulations.

A Fraud Prevention System is crucial because it helps healthcare organizations protect themselves against financial loss, maintain integrity in billing and coding practices, and uphold patient trust. By utilizing advanced data analytics and monitoring techniques, a Fraud Prevention System can enhance the detection of irregularities and streamline reporting practices, ensuring quick intervention when potential fraud is identified.

Each of the other choices represents plausible concepts related to fraud but does not align as precisely with the established terminology in healthcare fraud prevention as "Fraud Prevention System" does.

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